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Lease vs. Purchase
Lease vs. Buy: Should I lease or buy that new Cadillac automobile? It sounds like a tough decision, but it doesn't have to be that complicated. Following is an overview of some benefits of each choice. Once you have the facts, use our Payment Calculator to compare estimated lease vs. buy payment scenarios.
Basic Advantages and Disadvantages
ADVANTAGES
| LEASING | BUYING | |
|
Lower monthly payments Little or no down payment More expensive car for less money More cash available for other purchases Sales taxes paid over term of lease Possible tax benefits - check with your accountant |
Equity and ownership |
DISADVANTAGE
LEASING | BUYING | |
|
No equity/ownership in the vehicle Potential early termination liability Potential end-of-lease costs like excess wear and tear and additional mileage charge |
Higher initial cash outlay Higher monthly payments Fewer dollars available for other uses You own 100% of a depreciating asset |
Contact Information
- Massey Cadillac Dallas
-
Dallas Cadillac 11675 LBJ Freeway
Garland, TX 75041 -
- sales Contact Us:
- 855-323-7656
Contact
Website by Dealer.com
Massey Cadillac Dallas
Dallas Cadillac 11675 LBJ Freeway
Garland,
TX
75041